FortuneX Acquisition Corporation (NASDAQ:FXAC) Short Interest Up 168.7% in July

FortuneX Acquisition Corporation (NASDAQ:FXAC) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,254 shares, an increase of 168.7% from the July 15th total of 1,955 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 10,835 shares, the short-interest ratio is currently 0.5 days.

FortuneX Acquisition Price Performance

FXAC stock opened at $10.04 on Friday. FortuneX Acquisition has a twelve month low of $9.97 and a twelve month high of $10.43.

About FortuneX Acquisition

FortuneX Acquisition Corporation is a blank check company. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. FortuneX Acquisition Corporation is based in New York.